Bitget Blog
April 2025 Transparency Report TLDR;
- Bitget recorded a futures trading volume of $757.6 billion in April, marking 17.3% month-on-month growth.
- Total user base has now surpassed 120 million.
- Bitget ranked 3rd by trading volume in April; market share increased to 7.2% while others declined.
- Secured full licensing in El Salvador (DASP + BSP) for both spot and derivatives services.
Introduction
In April 2025, the crypto market experienced significant volatility and a bearish trend. The total market capitalization dropped 
2025-05-16
2025-05-16
Top picks
- Bitget Launches Spot Margin Trading for Nexpace (NXPC) Pair to Transform Decentralised Gaming Victoria Seychelles, 16 May 2025: Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the launch of Spot Margin Trading for the Nexpace (NXPC)-USDT pair. This strategic move marks a significant milestone in empowering users with advanced trading tools and bolstering innovation in the decentralized gaming ecosystem.
Nexpace (NXPC), a prominent player in the Web3 gaming industry, is transforming the digital entertainment landscape with its decentralised, p2025-05-16
- Bitget Gains Market Share in April 2025 Monthly Report Highlights
Victoria, Seychelles, 16th May , 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, released its April 2025 Transparency Report, highlighting a month of growth, regulatory milestones, and continued momentum despite broader market uncertainties through consistent innovation and strong execution.
In a month marked by market correction and investor caution, Bitget recorded a futures trading volume of $757.6 billion, representing 17.3% growth month-on-month. Spot trading volume 2025-05-16
- Bitget Lists Privasea (PRAI) for Spot and Futures Trading
Victoria, Seychelles, Date, 2025 – Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Privasea (PRAI), a decentralized AI infrastructure protocol focused on privacy-preserving computation. Spot trading for the PRAI/USDT pair commenced on May 14, 2025, and the PRAIUSDT-M perpetual futures contract has also been launched with up to 20x leverage, along with support for futures trading bots.
Privasea introduces a scalable framework for secure and v2025-05-16
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- Press releaseBitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens Victoria, Seychelles, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value. To better reflect the growing integration of BGB across centralized and decentralized e2025-04-09
- Press releaseBitget Launches Bitget Onchain to Give CEX Users Early Access to Promising On-chain Assets Victoria, Seychelles, 7th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, unveils Bitget Onchain — a groundbreaking innovation that bridges the best of CEX and DEX. By combining the speed, security, and simplicity of centralized platforms with direct access to emerging on-chain assets, Bitget Onchain redefines how users discover and trade the next wave of crypto opportunities. Bitget Onchain provides on-chain asset transactions directly on the Bitge2025-04-07
Press releaseBitget Secures El Salvador Digital Asset Service Provider (DASP) License After BSP Approval Victoria, Seychelles, 4th April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has obtained the Digital Asset Service Provider (DASP) license from El Salvador’s National Commission of Digital Assets (CNAD), expanding its regulatory framework within the country. This development comes after the earlier acquisition of the Bitcoin Services Provider (BSP) license in 2024. El Salvador is one of the pioneering jurisdictions passing comprehensive legislation2025-04-04
Press releaseBitget Celebrates 1.5 million Downloads in February Victoria, Seychelles, 20 March 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower. With 1.57 million downloads, the platform trails only Binance and OKX in global rankings, further cementing its role as a key player in the digital asset industry. This milestone follows Bitget’s recent recognition as the #8 most trusted crypto2025-03-20
Press releaseBitget Launches Spot Margin Trading for Nexpace (NXPC) Pair to Transform Decentralised Gaming Victoria Seychelles, 16 May 2025: Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the launch of Spot Margin Trading for the Nexpace (NXPC)-USDT pair. This strategic move marks a significant milestone in empowering users with advanced trading tools and bolstering innovation in the decentralized gaming ecosystem. Nexpace (NXPC), a prominent player in the Web3 gaming industry, is transforming the digital entertainment landscape with its decentralised, p2025-05-16- Press releaseBitget Gains Market Share in April 2025 Monthly Report Highlights Victoria, Seychelles, 16th May , 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, released its April 2025 Transparency Report, highlighting a month of growth, regulatory milestones, and continued momentum despite broader market uncertainties through consistent innovation and strong execution. In a month marked by market correction and investor caution, Bitget recorded a futures trading volume of $757.6 billion, representing 17.3% growth month-on-month. Spot trading volume2025-05-16
Press releaseBitget Lists Privasea (PRAI) for Spot and Futures Trading Victoria, Seychelles, Date, 2025 – Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Privasea (PRAI), a decentralized AI infrastructure protocol focused on privacy-preserving computation. Spot trading for the PRAI/USDT pair commenced on May 14, 2025, and the PRAIUSDT-M perpetual futures contract has also been launched with up to 20x leverage, along with support for futures trading bots. Privasea introduces a scalable framework for secure and v2025-05-16
Press releaseBitget COO Highlights UX-Security Balance at Blockchain Futurist Toronto, Canada, 15 May 2025 — Bitget, the leading cryptocurrency exchange and Web3 company, strengthens its footprint in Canada Crypto Week with a lineup of key events, beginning with a featured keynote by Chief Operating Officer Vugar Usi Zade at the Blockchain Futurist Conference, alongside activations powered by Bitget Wallet. Taking place at Old Toronto Stock Exchange, the Blockchain Futurist Conference is Canada’s largest and longest-running crypto event, attracting thousands of industry2025-05-15
Press releaseBitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025 Victoria, Seychelles, 14th May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, reports that its Protection Fund held an average value of $561 million throughout April 2025, highlighting the exchange's ongoing efforts to maintain strong security for its user base. The Protection Fund hit a high of $617M and a low of $496M for the month of April but maintained a strong average overall. The fund remains a key layer of protection against market instability, offering reassuranc2025-05-14
Press releaseBitget Lists Trending Believe App-based LaunchCoin (LAUNCHCOIN) for Spot Trading Victoria, Seychelles, 14th May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Launch Coin for spot trading. Deposits are currently open, and withdrawals will be available from May 14, 2025, at 12:00 UTC. The trading pair LAUNCHCOIN/USDT can be accessed via the Bitget platform. Launch Coin is a token associated with the Believe app (previously clout.me), a Web3-based SocialFi platform aiming to revolutionize fundraising and project launching2025-05-14
Press releaseBitget Launches Starlink Program to Bridge the Digital Divide in Philippine Island Communities Siargao, Philippines, May 13, 2025– Bitget, the leading cryptocurrency exchange and Web3 company, has launched its Starlink Program, bringing high-speed satellite internet to remote islands in the Philippines in a bold move to tackle digital inequality. The initiative, which kicked off in Siargao’s Espoir School of Life and Barangay Pitogo, addresses chronic connectivity gaps that have long hindered education, healthcare, and economic opportunities. By deploying Starli2025-05-13
Press releaseBitget Opens Pre-Market Trading for SOON (SOON) Ahead of Official Spot Launch Victoria, Seychelles, 13th May 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has introduced SOON (SOON) to its pre-market trading platform, allowing users to engage in peer-to-peer trading prior to the token’s official spot market debut. The pre-market corridor is now open, enabling early access to SOON tokens for users seeking price discovery and liquidity opportunities prior to broader market availability. Pre-market trading on Bitget provides a flexi2025-05-13
Press releaseBitget Delivers Critical Aid to Earthquake-Affected Families in MyanmarBangkok, Thailand, May 12, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has mobilized relief efforts for vulnerable communities in Myanmar following the devastating 7.7 magnitude earthquake that struck the Sagaing region on March 28. The disaster, which sent tremors as far as Bangkok, compounded existing hardships in an area already grappling with civil unrest and economic instability. In coordination with local partners, Bitget delivered 150 Emergency Resilience Kits to2025-05-12
Press releaseBitget Partners with European Blockchain Training Hub MasterZ to Cultivate Next-Gen Web3 TalentVictoria, Seychelles, May 12th 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with MasterZ, Europe's premier blockchain training hub, to empower and educate the next generation of Web3 professionals. The partnership will encompass a series of accessible educational initiatives, including engaging online Masterclasses and dynamic offline events designed to demystify the Web3 space and equip individuals with essential skills. The prog2025-05-12
Press releaseBitget lists Doodles (DOOD) for Spot Trading Victoria, Seychelles, 9 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Doodles ($DOOD), adding it to spot trading. Doodles is an on-chain collective that creates worlds and claims to generate billions of views through animations, short films, and partnerships with brands. Trading for the DOOD/USDT pair will begin on 9 May 2025, 13:05 (UTC), with withdrawals available from 10 May 2025, 14:00 (UTC). Doodles boasts a collec2025-05-09
Press releaseBitget Announces Partnership with SWEAT to Boost Movement Economy in Web3 United Arab Emirates, Dubai, May 9th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced its partnership with SWEAT, the pioneering movement economy ecosystem, lowering entry barriers for Web2 audiences while seamlessly connecting them to Web3. The alliance was unveiled at Dubai Esports Festival 2025 (DEF), where attendees experienced the future first-hand through interactive activities that turn physical activity into crypto rewards. From Dubai Airport to Sheik2025-05-09
Press releaseBitget Lists Redacted (RDAC) in the Innovation and Web3 Zone Victoria, Seychelles, 8 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Redacted (RDAC) on its platform. Trading for RDAC/USDT will commence on 13 May, 10:00 (UTC) with deposit available now and withdrawal available on 14 May 2025, 11:00 (UTC). Redacted is a pioneering Web3 ecosystem driving innovation through a blockchain and AI-powered “entertainment datasphere.” Powered by the $RDAC token, Redacted integrates over 15 revenue-generating p2025-05-08
Press releaseBitget to list Shardeum adding it to Spot Trading Victoria, Seychelles, 8 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Shardeum, adding it to spot trading. Shardeum is an EVM-based, autoscaling L1 blockchain that uses dynamic state sharding to scale linearly and maintain low gas fees with true decentralization and solid security through dynamic state sharding. Trading for the SHM/USDT pair will begin on 8 May 2025, 10:00 (UTC), with withdrawals available from 9 May 2025, 11:002025-05-08
Press releaseBitget Blockchain4Youth Fuels Web3 & AI Innovation at Google Developer Group’s "Build with AI" HackathonVictoria, Seychelles, May 7th 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, made a significant impact at Google Developer Group’s recent "Build with AI" Hackathon, held from May 2nd to 5th, 2025 at the Constructor University. Going beyond mere sponsorship, Bitget's Blockchain4Youth initiative actively engaged with over 130 bright student minds, exploring the convergence of blockchain and artificial intelligence, within the dynamic environment of the University, known for i2025-05-07
Press releaseBitget Delivers A Knockout Experience: VIP Access to Karate Combat’s KC54 Dubai UFC Fight United Arab Emirates, Dubai, May 2, 2025 – Bitget , the leading cryptocurrency exchange and Web3 company, brought the heat to Token2049 week with an exclusive ringside experience at Karate Combat KC54 in Dubai on May 2nd. Think high-octane strikes, VIP treatment, and a night so wild, even the blockchain felt the impact. This year, Bitget raised the stakes by offering a premium experience that put crypto enthusiasts right at the heart of the action. Bitget's esteemed VIPs witnessed world-c2025-05-06
Press releaseBitget Amplifies Global Leadership and Community Impact with Strong Presence at TOKEN2049 Dubai United Arab Emirates, Dubai, 2 May, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has wrapped up an impactful and illuminating week at TOKEN2049. As a Gold Sponsor, Bitget marked its presence through headline participation, strategic dialogue, and community-focused activations, engaging with key industry leaders, partners, and thousands of attendees from around the world. Gracy Chen, CEO of Bitget, delivered a keynote address on Day One of the conferenc2025-05-03
Press releaseBitget Becomes Gold Sponsor at Token2049 Dubai: CEO Gracy Chen to Share Vision for Crypto’s Next Chapter United Arab Emirates, Dubai, 29 April, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is set to make a major impact at TOKEN2049 Dubai as a Gold Sponsor of this year’s landmark event. Taking place from 30 April to 1 May 2025, at Madinat Jumeirah Conference Centre, TOKEN2049 Dubai brings together the brightest minds and boldest innovators from across the global crypto and blockchain ecosystem. As the crypto community gathers in one of the most dynamic hubs for2025-04-29
Press releaseGlobal Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in IndiaNew Delhi, 28 April 2025: Bitget, the world’s leading crypto exchange and web3 company, announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology, respectively, and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology. Avalanche is investing aggressively in th2025-04-28
Press releaseBitget Drops Exclusive LALIGA Skins: Trade in Style with Barça, Real Madrid & More Victoria, Seychelles, 28 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched its innovative " Your Team, Your Skin: LALIGA on Bitget" campaign in a move that blends the thrill of football with the excitement of crypto trading. The product update allows users to deck out their Bitget app with their favorite LALIGA team logo and compete for rewards, proving that in crypto, as in football, passion and strategy go hand in hand.2025-04-28
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